Owlwood Estate in Holmby Hills Now Only $115M, Down From $180M

A legendary Los Angeles-area manse with Hollywood history is now available with a substantially lower asking price. Owlwood is now listed for $115 million.

The Holmby Hills residence received quite the price chop after more than a year on the market without movement. Owlwood is a sprawling 10-acre estate that formerly belonged to stars like Tony Curtis and Sonny and Cher. It sold to developer Robert Shapiro in late 2016 for $90 million; Shapiro flipped it back onto the market with an ask of $180 million less than a year later. Ambitious.

The property expanded to incorporate three parcels in 2002. It is crowned by a 12,200-square-foot mansion, an Italian Revival-style designed in 1936 by architect Robert D. Farquhar. There is a substantial, two-story guest house on the property which Marilyn Monroe called home for a brief period in the early 1950’s.

Owlwood features extravagant living spaces boasting classic period accents like wood paneling and complex molding. The palatial home begins with a luxurious two-story entrance hall, and continues into a tour-de-force of ostentatious living style.

The master suite features a dedicated office, lounge, and fireplace. There are nine bedrooms and 10 baths in the home. Standouts among the shared living spaces include the living room, formal dining room, and sunroom. Outside, the property continues to impress with acres of lush lawns, mature landscaping, a tennis court, and a swimming pool.